SNAP-ON INC (SNA)
US8330341012 - Common Stock
Taking everything into account, SNA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SNA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SNA is one of the better performing stocks in the market, outperforming 84% of all stocks.
SNA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SNA has a been trading in the 325.19 - 367.12 range, which is quite wide. It is currently trading near the high of this range.
SNA is part of the Machinery industry. There are 131 other stocks in this industry, SNA did better than 70% of them.
Besides having an excellent technical rating, SNA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 361.67, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
249.82
369.64
When analyzing the support we can see 6 important areas.
- A support zone ranging from 349.35 to 361.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @307.34 from a trend line in the daily time frame.
- Support @289.77 from a trend line in the weekly time frame.
- Support @270.07 from a horizontal line in the daily time frame.
- A support zone ranging from 261.76 to 263.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @252.34 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 365.98 to 365.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.51
Mansfield1.32
10 Day High367.12
10 Day Low352
20 Day High367.12
20 Day Low325.19
52 Week High367.12
52 Week Low252.98
Performance
1 Week2.5%
2 Weeks1.86%
1 Month12.06%
3 Month28.94%
6 Month35.1%
12 Month33.01%
2 Year52.11%
3 Year77.73%
5 Year128.08%
10 Year170.43%
15 Year912.37%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.78
RSI(14)78.99
LBB342.67
UBB371.11
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 365.99 | 351.99 | 14.00 (3.83%) | 25.00% |
| An entry @365.99. This is a Buy Stop order right above the resistance zone. | An exit @351.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 14.00 points, which is 3.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SNAP-ON INC
NYSE:SNA (11/22/2024, 8:05:32 PM)
After market: 365.97 0 (0%)365.97
+4.57 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.26%
1 Week2.5%
2 Weeks1.86%
1 Month12.06%
3 Month28.94%
6 Month35.1%
12 Month33.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.44
ATR(20)%1.68%
ATR Inc
Range Today6.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High367.12
10 Day Low352
20 Day High367.12
20 Day Low325.19
52 Week High367.12
52 Week Low252.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume593.00K
Volume Incr7.14%
Vol(5)406.94K
Vol(50)384.11K